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Wall Street Weighs In On Workday's Q3 Earnings
Wednesday, December 4, 2019 - 4:26pm | 658Read More...Workday Inc (NASDAQ: WDAY) shares dropped 4.8% on Wednesday after the company reported third-quarter earnings and revenue beats and raised its full-year subscription revenue guidance. Workday reported $798.5 million in total revenue, up 28% from a year ago and slightly ahead of consensus analyst...
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Wall Street Is As Bullish As Ever On Salesforce
Wednesday, December 4, 2019 - 10:16am | 676Read More...Salesforce.com, Inc. (NYSE: CRM) shares dipped 3.5% after the company reported third-quarter revenue and earnings ahead of consensus analyst expectations on Tuesday. Revenue performance obligation (RPO) growth guidance of 21% for the fourth quarter came up short of consensus expectations of 23%....
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Analysts Still Bullish On Adobe Despite Bookings Miss
Wednesday, September 18, 2019 - 10:41am | 603Read More...Shares of Adobe Inc (NASDAQ: ADBE) continued to fall on Wednesday after missing expectations on subscription bookings and lowering guidance for its Digital Experience business. Several sell-side analysts kept Buy recommendations on the stock, saying those negatives masked continued Accounting Rate...
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Analysts React To Heavy Selling Pressure In The Tech Sector
Monday, September 9, 2019 - 2:01pm | 735Read More...Tech stocks led the market lower on Monday, with the Technology Select Sector SPDR Fund (NYSE: XLK) trading down 1% on the day. Twilio Inc (NYSE: TWLO) shares plunged 9.7%, Roku Inc (NASDAQ: ROKU) shares dropped 4.4% and Snap Inc (NYSE: SNAP) shares tumbled 7.1% amid the sell-off. Fearful Investors...
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Autodesk Analysts: Sell-off May Be Overreaction, Fundamentals Remain Strong
Wednesday, August 28, 2019 - 10:42am | 891Read More...Sell-side analysts remained mostly bullish, though with lowered price targets, on Autodesk, Inc. (NASDAQ: ADSK) after a strong second-quarter print that was marred for investors by lowered guidance that reflects international economic concerns. Autodesk beat quarterly targets soundly, with revenue...
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All About The Cloud: Microsoft Hits All-Time High On The Back Of Strong Q4 Earnings
Friday, July 19, 2019 - 8:49am | 883Read More...Microsoft Corporation (NASDAQ: MSFT) shares traded higher by 3% on Friday morning after the company reported a fiscal fourth-quarter earnings beat led by strength in its cloud computing business. Microsoft exceeded consensus analyst expectations for fourth-quarter earnings and revenue and also...
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Adobe Analyst Reactions To Q2 Print Range From 'Solid' To 'Boringly Excellent'
Wednesday, June 19, 2019 - 1:41pm | 686Read More...Adobe Inc (NASDAQ: ADBE) reported Tuesday afternoon with second-quarter results that were highlighted by 25% year-over-year revenue growth to a record quarterly high of $2.74 billion. Here's how the Street reacted. The Analysts Wedbush's Daniel Ives maintained a...
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Patience Being Tested Following Box's Q1 Earnings, Guidance
Tuesday, June 4, 2019 - 12:33pm | 593Read More...Box Inc (NYSE: BOX) shares tumbled more than 11 percent on Tuesday morning after the company issued disappointing guidance along with its first-quarter earnings report. Box’s EPS loss of 3 cents and its first-quarter revenue of $163 million exceeded Wall Street estimates. However, the company...
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Canaccord Downgrades Box On Sporadic Execution
Tuesday, June 4, 2019 - 10:01am | 291Read More...Box Inc (NYSE: BOX) spent 40 percent of its revenue on S&M in the first quarter, which doesn't seem justified by the projected growth of 10-15 percent, according to Canaccord Genuity. The Analyst Canaccord Genuity’s Richard Davis downgraded Box from Buy to Hold, slashing the price...
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The Street Debates Workday's Q1 Report
Wednesday, May 29, 2019 - 2:47pm | 736Read More...Enterprise cloud applications company Workday Inc (NASDAQ: WDAY) reported Tuesday fiscal first-quarter 2020 results highlighted by at least 30 percent growth year-over-year in total revenue, subscription revenue and subscription revenue backlog. Here is a summary of how some of the Street's top...
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Analysts Hold Their Views On Autodesk Despite Mixed Quarter
Friday, May 24, 2019 - 1:05pm | 857Read More...Autodesk, Inc. (NASDAQ: ADSK) reported below-par first-quarter results Thursday, sending the stock lower. The Analysts Wedbush analyst Steve Koenig maintained a Neutral rating on Autodesk and lowered the price target from $166 to $164. KeyBanc Capital Markets analyst Jason Celino...
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'Boringly Excellent': Street Gushes Over Microsoft's Quarter, Feather In Cap For Nadella
Thursday, April 25, 2019 - 12:24pm | 715Read More...Wall Street analysts gushed over yet another strong quarter from Microsoft Corporation (NASDAQ: MSFT) as investors pumped the computing giant’s stock even higher. Reactions on the Street ranged from astonishment over what one analyst called a “no blemishes” quarter to those no...
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5 Stock Picks From Top-Rated TipRanks Analyst Richard Davis
Friday, April 12, 2019 - 2:35pm | 453Read More...Investors are faced with so much conflicting information that it can be hard to know which expert opinions to take seriously. Even among Wall Street analysts, there is a wide range of performance. If you’ve ever wondered why Wall Street analysts don’t have batting averages or...
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Analysts Convinced Of Zuora's Growth Potential Despite Post-Earnings Dip
Friday, March 22, 2019 - 2:40pm | 453Read More...Software-as-a-service company Zuora Inc (NYSE: ZUO) reported fourth-quarter revenue Thursday that was ahead of expectations, and its loss per share was in line. Despite the fairly positive results, shares of the subscription management platform provider were moving lower Friday. The Analysts...
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Adobe Shares Drops On Poor Guidance, But Sell-Side Analysts Less Worried
Friday, March 15, 2019 - 10:33am | 664Read More...Shares of Adobe Inc. (NASDAQ: ADBE) were dropping Friday after the cloud software company issued disappointing second-quarter guidance, but sell-side analysts seemed less concerned. Reactions were mixed, with a couple reminding investors that Adobe’s core business is fine and continued growth...
